Reality is, in reality, right before our eyes…
An economic recovery package would be great…but it seems everyone is missing the point…the only real economy recovery will come from a large deflation of everything that has been artificially inflated for years. This includes salaries, car prices, house values, stocks, bonds, real estate, businesses, sales, etc.
By “bailing out” failing companies with printed money (with no backing)…it is merely increasing the artificial inflation that is already at all time highs. It is making for a much bigger and harder crash–and it is coming, no doubt about it.
Here is the other part of it…during times of inflation, debt soars…because saving money is actually not wise. Saving money at any interest rate less than that of inflation means you are losing value on your money as time goes by. Spending it and getting in debt makes more sense in some sick crazy way.
When a rapid deflation is seen in the horizon, people tend to start saving all the money they can…because $1000 of today’s money after deflation will have the buying power of $100,000 of today’s money. Big corporate execs know this, especially the ones running the privately owned corporation known as The Federal Reserve. (Yes, it is private…look it up.) They are going to hoard up all the money they can before it all collapses–and they will be living like glorious kings for the rest of their lives.